Eurozone Industrial Production Declines in October
Recent data from the Eurostat reveals that industrial production in the Eurozone declined in October in line with a reduction in output of Full Article
Daily Brief, Dec 12: Economic Events Outlook – Eyes on ECB and UK Elections
Today, the economic calendar is fully loaded with high impact events from the Eurozone and UK. The European Central Bank will remain in... Full Article
Daily Brief, Dec 11: Economic Events Outlook – Big Day, Fed Monetary Policy in Headlines
The market is likely to exhibit sharp movements in the wake of Fed rate decisions and the U.S. inflation rates today. The chances of the... Full Article
USD Backpedals Vs Eurozone Currencies
The coming 24-48 hours are going to be a key period for the United States dollar (USD) and Eurozone currencies. Full Article
France to Head to WTO Over Latest Tariff Threats by the US?
The digital tax was rolled out in July and is expected to be applied on revenues earned by major tech companies offering digital services in Full Article
EUR/USD Remains Bullish This Month, as Long as MAs Hold as Support
EUR/USD declined about 100 pips last Friday after the positive US employment report, but the 50 and 100 SMAs are holding as support Full Article
Post-Nonfarm Trading Levels In Forex & Commodities
The dollar held firm on Monday after data showed surprising strength in the U.S. jobs market, but the currency was restrained from moving... Full Article
Eurozone Appears to Have Avoided a Recession, But Likely to Grow at Slowest Pace in Over Five Years in 2020
A recent Reuters poll reveals that the Eurozone economy is likely to have avoided falling into recession in 2019, but could witness only Full Article
Daily Brief, Dec 6: Economic Events Outlook – US & Canadian Labor Reports in Play
It's a day when the U.S. will release it's the last NFP of 2019, which is why the market is a bit muted during the Asian session, and the... Full Article
Pre-NFP Trading Levels for Forex and Commodities
The U.S. dollar, which has dominated the currency market for the past couple of years, is likely to maintain its position of strength... Full Article
EUR/USD Remains Bullish, Despite Softer Data This Morning
EUR/USD retraced lower yesterday in the afternoon, but the 200 SMA held as support and today it has run higher despite weak data Full Article
Morning Brief, Dec 5 – Things You Need to Know to Trade Gold Today
Gold continues to trade bullish, having test our previously suggested 1,484 level over safe haven appeal. On the 4 hour chart, gold is... Full Article
France, EU Threaten to Retaliate if US Implements Tariff Hikes on French Imports
The European Union as well as France have expressed their readiness to retaliate in case Trump goes ahead with these tariff hikes. Full Article